Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group cut its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFGFree Report) by 4.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,969 shares of the company’s stock after selling 3,733 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Mitsubishi UFJ Financial Group were worth $757,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of MUFG. Fisher Asset Management LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth about $57,968,000. Chevy Chase Trust Holdings LLC grew its stake in Mitsubishi UFJ Financial Group by 602.7% during the 1st quarter. Chevy Chase Trust Holdings LLC now owns 5,661,392 shares of the company’s stock valued at $57,916,000 after purchasing an additional 4,855,722 shares in the last quarter. Natixis Advisors L.P. increased its holdings in Mitsubishi UFJ Financial Group by 6.6% during the 4th quarter. Natixis Advisors L.P. now owns 11,787,853 shares of the company’s stock worth $101,493,000 after purchasing an additional 727,837 shares during the last quarter. Brandes Investment Partners LP raised its position in shares of Mitsubishi UFJ Financial Group by 42.8% in the 4th quarter. Brandes Investment Partners LP now owns 2,410,931 shares of the company’s stock valued at $20,758,000 after purchasing an additional 722,644 shares in the last quarter. Finally, Moran Wealth Management LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at approximately $5,070,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

MUFG traded up $0.12 during trading on Wednesday, hitting $11.18. The company had a trading volume of 709,287 shares, compared to its average volume of 2,669,825. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $7.33 and a 1-year high of $11.34. The company has a market cap of $131.10 billion, a PE ratio of 12.89, a P/E/G ratio of 1.07 and a beta of 0.61. The business has a 50-day moving average of $10.34 and a 200-day moving average of $9.91.

Mitsubishi UFJ Financial Group (NYSE:MUFGGet Free Report) last issued its earnings results on Wednesday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. The business had revenue of $22.78 billion for the quarter. Mitsubishi UFJ Financial Group had a net margin of 12.68% and a return on equity of 7.91%. Research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current year.

About Mitsubishi UFJ Financial Group

(Free Report)

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.

See Also

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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